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Credit Quality and the Allowance for Loan and Lease Losses - Summary of the Bancorp's Nonaccrual Loans and Leases by Class (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Financing Receivable, Modifications    
With an ALLL $ 304 $ 382
No Related ALLL 223 482
Total 527 864
Loans and leases held for sale [1] 4,415 4,741
Total portfolio loans and leases [2],[3] 112,050 108,782
Nonperforming    
Financing Receivable, Modifications    
Loans and leases held for sale 15 6
Nonperforming | Government Insured    
Financing Receivable, Modifications    
Total portfolio loans and leases 26 29
Restructured nonaccrual loans and leases 11 17
Commercial    
Financing Receivable, Modifications    
With an ALLL 192 274
No Related ALLL 145 364
Total 337 638
Interest Income Recognized 7 10
Total portfolio loans and leases 70,268 68,997
Commercial | Commercial and industrial loans    
Financing Receivable, Modifications    
With an ALLL 151 213
No Related ALLL 128 260
Total 279 473
Interest Income Recognized 6 8
Loans and leases held for sale 7 230
Total portfolio loans and leases 51,659 49,665
Commercial | Commercial mortgage owner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 10 20
No Related ALLL 13 60
Total 23 80
Total portfolio loans and leases 4,709 4,675
Commercial | Commercial mortgage nonowner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 22 34
No Related ALLL 3 43
Total 25 77
Interest Income Recognized 0 1
Total portfolio loans and leases 5,607 5,927
Commercial | Commercial construction loans    
Financing Receivable, Modifications    
With an ALLL 6 1
No Related ALLL 0 0
Total 6 1
Total portfolio loans and leases 5,241 5,815
Commercial | Commercial leases    
Financing Receivable, Modifications    
With an ALLL 3 6
No Related ALLL 1 1
Total 4 7
Interest Income Recognized 1 1
Loans and leases held for sale 1 39
Total portfolio loans and leases 3,052 2,915
Residential Mortgage    
Financing Receivable, Modifications    
With an ALLL 14 11
No Related ALLL 19 49
Total 33 60
Interest Income Recognized 24 28
Consumer    
Financing Receivable, Modifications    
With an ALLL 98 97
No Related ALLL 30 39
Total 128 136
Interest Income Recognized 12 13
Total portfolio loans and leases 41,782 39,785
Consumer | Home equity    
Financing Receivable, Modifications    
With an ALLL 53 55
No Related ALLL 24 31
Total 77 86
Interest Income Recognized 7 9
Total portfolio loans and leases 4,084 5,183
Consumer | Home equity | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 77 86
Consumer | Indirect secured consumer loans    
Financing Receivable, Modifications    
With an ALLL 21 8
No Related ALLL 6 8
Total 27 16
Interest Income Recognized 2 0
Total portfolio loans and leases 16,783 13,653
Consumer | Indirect secured consumer loans | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 27 16
Consumer | Credit card    
Financing Receivable, Modifications    
With an ALLL 23 32
No Related ALLL 0 0
Total 23 32
Interest Income Recognized 3 4
Total portfolio loans and leases 1,766 2,007
Consumer | Credit card | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 23 32
Consumer | Other consumer loans:    
Financing Receivable, Modifications    
With an ALLL 1 2
No Related ALLL 0 0
Total 1 2
Total portfolio loans and leases 2,752 3,014
Consumer | Other consumer loans: | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 1 2
Nonaccrual Portfolio Loans and Leases    
Financing Receivable, Modifications    
With an ALLL 304 382
No Related ALLL 194 452
Total 498 834
Interest Income Recognized 43 51
OREO and Other Repossessed Assets    
Financing Receivable, Modifications    
With an ALLL 0 0
No Related ALLL 29 30
Total $ 29 $ 30
[1] Includes $1,023 and $1,481 of residential mortgage loans held for sale measured at fair value at December 31, 2021 and 2020, respectively.
[2] Includes $154 and $161 of residential mortgage loans measured at fair value at December 31, 2021 and 2020, respectively.
[3] Includes $24 and $55 of other short-term investments, $322 and $756 of portfolio loans and leases, $(2) and $(7) of ALLL, $2 and $5 of other assets, $1 and $2 of other liabilities and $263 and $656 of long-term debt from consolidated VIEs that are included in their respective captions above at December 31, 2021 and 2020, respectively. For further information, refer to Note 12.